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Condensed Consolidated Statements Of Income And Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Real Estate [Abstract]    
Property revenues $ 383,141 $ 378,163
Property expenses    
Property operating and maintenance 89,044 85,285
Real estate taxes 49,501 49,396
Total property expenses 138,545 134,681
Non-property income    
Fee and asset management 1,284 578
Interest and other income 1,768 62
Income on deferred compensation plans 5,819 5,912
Total non-property income 8,871 6,552
Other expenses    
Property management 9,394 8,297
Fee and asset management 443 413
General and administrative 16,693 15,356
Interest 32,537 32,843
Depreciation and amortization 144,802 142,444
Expense on deferred compensation plans 5,819 5,912
Total other expenses 209,688 205,265
Gain (Loss) on Extinguishment of Debt (921) 0
Gain on sale of operating property 43,806 0
Income from continuing operations before income taxes 86,664 44,769
Income tax expense (905) (1,150)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest, Total 85,759 43,619
Less income allocated to non-controlling interests (1,870) (1,702)
Net income attributable to common shareholders $ 83,889 $ 41,917
Earnings per share – basic $ 0.77 $ 0.39
Earnings per share – diluted $ 0.77 $ 0.39
Weighted average number of common shares outstanding – basic 108,706 108,568
Weighted average number of common shares outstanding – diluted 108,729 108,604
Condensed Consolidated Statements of Comprehensive Income    
Net income $ 85,759 $ 43,619
Other comprehensive income    
Unrealized Gain (Loss) on Cash Flow Hedging Instruments 85 0
Reclassification of net loss on cash flow hedging activities, prior service cost and net loss on post retirement obligation 1,089 359
Comprehensive income 86,933 43,978
Less income allocated to non-controlling interests (1,870) (1,702)
Comprehensive income attributable to common shareholders $ 85,063 $ 42,276